Prospect, Kentucky vs. Traverse City, Michigan

Cost of Living Comparison

The cost of living in Traverse City, Michigan is 19.5% cheaper than Prospect, Kentucky.

You would need a salary of $40,274 in Traverse City, Michigan to maintain the standard of living you have in Prospect, Kentucky.
Comparison highlights
• Overall, Traverse City, Michigan is cheaper than Prospect, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
28% cheaper in Traverse City
than in Prospect, Kentucky
Prospect, KY vs. Traverse City, MI
Compared to Prospect, Traverse City is:
  Homeowner
      No Child Care, Taxes not Considered
  19.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  8.4% lower
  Housing (Homeowner)
  37.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.1% higher
  Commute
  25.4% lower
  Health
  13.3% lower
  Taxes
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  Childcare
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  Personal
  4.0% higher
Cost of Food
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